Re: IRS in letter? illegal? WhyChat??
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Posted by LadynRed
(22.214.171.124) on November 15, 2003 at 14:49:52:
In Reply to: Re: IRS in letter? illegal? WhyChat?? posted by Why Chat on November 15, 2003 at 14:30:33:
To add to WhyChat's usual excellent advice, a 1099-C doesn't have to be reported as income if you can prove insolvency when the debt was 'forgiven'. Its not that hard to prove insolvency either.
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